Expected DA for Banker from November 2024 minimum 2.57% and maximum 2.64%

 Expected DA Calculation Updated on 01.10.24 on the basis of CPI for the month of Jul'24 & Aug.24 with the assumptions of CPI for the month of Sep'24 as mentioned hereunder, as per the DA calculation norms of 12^th BPS on revised basic pay. The CPI for the month of Aug'24 which was due to be released on 01.10.24 announced on 01.10.24 as 142.60 (the reason of delay of announcement is not known )there is a decrease of 0.10 points from Jul'24. (as per revised base year 2016) (The base year was changed from Oct 2020)

1. On assumptions if there is an increase of CPI index by 0.70 points in the month of Sep'24, keeping in view of on going regular rise in prices of commonly required daily needs / items and commodities which is making month over month difficult to manage family budget. Accordingly, on this assumption, we may expect there would be an increase of 2.64% DA in terms of 12^th BPS on revised pay. Total 19.84% DA will become payable from Nov'24.
2. On assumptions if there is an increase of CPI index by 0.60 points in the month of Sep'24, we may expect there would be an increase of 2.60% in terms of 12^th BPS on revised pay. Total 19.80 percentage of DA will become payable from Nov'24.
3. On assumptions if there is an increase of CPI index by 0.50 points in the month of Sep'24, we may expect would be an increase of 2.57% in terms of 12^th BPS on revised pay. Total 19.77 percentage of DA will become payable from Nov'24.